Tasmanian State Budget 2017-2018

26 May 2017

Tasmanian Liberal Government delivers its fourth budget - See full report

Master Builders Tasmania acknowledges the information provided by FONT PUBLIC RELATIONS - 2017-2018 Tasmanian Government Budget Summary


What is in the Budget for the Building and Construction Industry?

Building and Construction

  • First Home Building Grant of $20,000 extended for a further year.
  • Stamp duty will only be paid on the value of land for eligible house and land packages.
  • $300,000 to assist councils finalise their local planning rule so they can become part of the Statewide planning scheme.
  • A one stop online shop for building and planning approvals called iPlan, worth $1.9 million
  • An increase in the supply of Government land to be used for housing development.
  • Continuation of the $73.5 million Affordable Housing Action Plan.

For Business

  • $17 million in payroll tax relief for businesses employing apprentices, trainees and young people;
  • Grants of up to $4,000 for small businesses to employ a trainee or apprentices

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